Estate planning isn’t just about sharing wealth with the younger generation. For many people, it’s equally important to share one’s values and to encourage their children or other heirs to lead responsible, productive and fulfilling lives. One tool for achieving this goal is an incentive trust, w...
A will or revocable trust may form the core of your estate plan, but for many people, a substantial amount of wealth bypasses these traditional estate planning tools and is transferred to their loved ones through beneficiary designations. These “nonprobate assets” may include IRAs and certain emplo...
Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper estate planning steps to ensure that it lives on after you’re gone, you may be placing your...
When creating or revising your estate plan, it’s important to take into account all of your loved ones. Because each family has its own unique set of circumstances, there are a variety of trusts and other vehicles available to specifically address most families’ estate planning objectives. ...
It’s the question you ask sometime between the big proposal and the walk down the aisle. “Can we get a prenuptial agreement?” It may be awkward at first, but according to , family law attorney at Friedman, Grimes, Meinken & Leischner, PLLC, the issues in...
El divorcio y la bancarotta muchas veces vienen al mismo tiempo. Pero, haciendo los dos al mismo tiempo puede crear complicaciones. La abogado de bancarrota Xue Connelly explica que es mejor solicitar uno antes del otro. Sin embargo, si se declara en bancarrota o divorcio primero, depende en sus circun...
When people hear “prenup,” they often think “divorce.” And while soon-to-be-newlyweds may not want to think about getting a prenup as their wedding day approaches, the agreement can provide financial protection in the long run. What are the benefits of getting a prenuptial agreem...
Deciding which religion to raise a child in can cause serious conflict during a between parents of different faiths. Attorney Jessica Leischner explains who gets to decide, how holiday custody for interfaith families can be balanced, and what happens if parents can’t reach an agreement. ...
Millions of people fall victim to domestic abuse in the U.S. each year. Partners at Friedman, Grimes, Meinken & Leischner PLLC discuss Virginia’s shall arrest statute on this week’s FAQ Friday. What is the Shall Arrest statute? The law st...
By Financial issues and marital discord often go hand in hand. So it’s not surprising that some couples decide they want to file for both bankruptcy and divorce around the same time. But filing simultaneously can create significant complications and delays. Bankruptcy attorney Xue Connelly explains it’s often...
By Engagements, unfortunately, don’t always lead to wedded bliss. Sometimes a fiancé discovers he or she is in love with the engagement ring — but not with the person who proposed marriage — and wants to hang on to the valuable bauble after the breakup. Recent En...
Relocation & Child Custody Considerations There are many factors to consider when deciding whether or not child custody relocation is right for you and your child. Family law attorney Jessica Leischner explains these child custody considerations on this week’s FAQ Friday. If you’re a parent consi...
If You’re Thinking About Divorce What are the Grounds for Divorce in Virginia?...
You’ve probably heard that Justin Bieber and Hailey Baldwin got married… which is big news on its own. But another detail arose that surprised fans and created a large buzz in the media. The celebrity couple . This shocked many Bieber fans, some of whom fe...
Move over blockbuster breakups — there’s a new (or not-so-new) couple calling it quits. Iconic actor Hugh Jackman, known for his portrayal of Wolverine, is now navigating the world of gray divorce with his wife of 27 years, Deborra-Lee Furness...
